Sea launches $1bn ADS convertible bond

Singapore_fotolia_230x150
By Jonathan Breen
13 Nov 2019

New York Stock Exchange-listed gaming company Sea is bookbuilding for a convertible bond worth at least $1bn.

The leads launched the sale on Tuesday in the US for the five year senior unsecured notes. Goldman Sachs and Morgan Stanley are on the mandate, according to Dealogic.

Singapore-based Sea has granted the bookrunners a 13-day option to add a further $150m to the deal. The CB ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial